HomeMy WebLinkAboutCCDATE=OCTOBER 21, 2004 (5) • LLb IN Fmb PENSIO\ FUND B11NUIES
OcWber 2n ^004
Meeting was called to order it 8$5am President V. Beard.
Roll Goll by Secretary K. Nelson.
PTerin t
V. Beard, K. Nelson, A- Rialek. d. Novicki, E, Schuck, L Mecum, 'I Lupprno
Absent: M. Falenc
Cues[. Doug 0114 (R1nrquette Associates), 'Tim Hamann (\1erquettc Assoctoor),
Sharp Loderbach (Lauterbach & Nncn)_ Caw Collins
Mimics
Trip minus , of tire Aul lo, 2004 meeting were vmiosed- Motion in a«xpt the
mniud, wade by J. Nowacki; seaondeA by A. Bialel, Carried.
Tmasiirr`r Report
AbAon to putthe Knox report front July} August, and September, 2004 and the.
Amcore fepot from August and Soptmnher 2004 into the record made by J.
Novicki; recorded by A. Bialek. Carried.
'C. Hamann pro`noted the Board with the Bxeoutive Summary for the S's Qu for
from MarqueLLe. Tire Fund returned 0.95,for thogmrrPT, and eal PPD. An
inquiry was made nsto why there ons a delay In moving the funds approved for
transfer into ABN-AMAO; Nburbietteadvioed that the delav war, bernnse thee
we caldmim
ngboor bond to atn before moving fire mmlic, MUtIon was Blade
to eppmve noddle anon to the Ito estnrent Police to a I lowin a his e.oni in tie
stable saltie itind hc .r. Novicki: seconded br A. Bialek_ Carried.
Motion Ir an rnude Lo appro dng Sr ooK from Northern Trost k �c20K lam
Arid Fund each month into the internally managed fund to cover nronthh-
Vine'Lori obligations b}J. Now irk i, seconded by L. Mecum. Carried.
The Board disposed the gnnrterIv adjustment for our dares Lice uL percentages.
The decision win insole to delay reallocation due to rho clone prnxiin ly of
c ntentiv lcvPls to torgat Imels.
'1'lie Board was advis d In Marquette shut rsbr ninnies, nate being deposited into
the internnlly managed nand.